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Property profile & analytics
OFF-MARKET
Land

88Th St - Mokena, IL 60448

4.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.368-acre industrial land parcel in Mokena, Illinois, presents a compelling investment opportunity. Located at 88th Avenue & 187th Street – Lot 3, this property boasts convenient access to major thoroughfares, including full interchanges at LaGrange Road and Harlem Avenue, ensuring seamless transportation and logistics. The site benefits from strong visibility from I-80, enhancing its marketing potential. The land is zoned for industrial use and features existing infrastructure, including water, sewer, electric, and natural gas services, along with off-site detention. Low Will County taxes further contribute to the property's financial attractiveness. This site is part of a larger development offering parcels ranging from 2.3 to 17.3 acres, available for sale or build-to-suit options. A sales tax incentive is also available. The asking price for this specific 4.368-acre lot is $1,284,323, translating to a land value of $6.75 per square foot. This property is ideal for businesses seeking a strategic location with readily available infrastructure and low operational costs in a thriving industrial area. The property is situated in Will County, Illinois, with a zip code of 60448. The location offers access to a skilled labor pool.

Property profile
Verified
Property type Land
Lot 4.37 ac (190,270 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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